Disasters of natural origin, gender inequality, entrepreneurship and state fragility. A regional vision for Latin America and the Caribbean
The aim of this work is to analyse how disasters of natural origin (NDs) impact on entrepreneurship, taking into account the key aspects of gender inequality, economic growth and institutional fragility, in countries in Latin America and the Caribbean. Using a cointegrated panel model comprising dat...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-06-01
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| Series: | Sustainable Futures |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188825003636 |
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| Summary: | The aim of this work is to analyse how disasters of natural origin (NDs) impact on entrepreneurship, taking into account the key aspects of gender inequality, economic growth and institutional fragility, in countries in Latin America and the Caribbean. Using a cointegrated panel model comprising data for 11 countries in the region during the period 2013–2022, it explores the existence of a long-term relationship of equilibrium and the short-term corrections that result in their disequilibrium in the face of NDs.The integration of gender inequality represents a novel contribution to the literature. It explores, within a common analytical framework, the dynamic links—both short-term and long-term—between entrepreneurship, NDs, institutional fragility, and gender inequality. The choice of the geographical area, particularly vulnerable to these events, helps to address a significant gap in relation to other regions. The results reveal that, in general, NDs stimulate entrepreneurial activity as an adaptive response in some of the countries in the panel, but in others, particularly those with greater vulnerabilities, the impact of NDs is negative. Gender inequality is a critical factor in stifling entrepreneurial development and limiting the economic opportunities of women, thereby making it more difficult for them to recover after NDs. In contrast, however, institutional weaknesses promote informal entrepreneurial activity, while economic growth acts as a buffer against the negative effects of NDs. These findings indicate the need for the formulation of comprehensive policies to reduce gender inequality, strengthen institutions and promote the economic development of countries in Latin America and the Caribbean. |
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| ISSN: | 2666-1888 |